5 posts and columns on income tax

AOL, Criterion Announce Yesterday’s Bebo Deal

in Media on June 17, 2010 at 4:25 am PT

The bad news: AOL got next to nothing for the social network it bought for $850 million two years ago. The good news: Tax write-off!

AOL to Spin Off Dec. 9, Begin Trading Dec. 10 (Plus Full Press Release)

in News on November 16, 2009 at 4:01 pm PT

AOL will officially be spun off from Time Warner on Dec. 9, with trading to begin the next day. Shareholders of record at 5 pm ET on Nov. 27 will get one share of AOL for every 11 shares of Time Warner on the day of the long-expected spinoff of the Internet service. AOL will trade on the New York Stock Exchange as “AOL,” just like the old days. Unlike the old days: Time Warner has given the company an implied valuation of a little more than $3 billion.
AOL splits from Time Warner

Spare Change for Amazon Shares?

in News on October 23, 2009 at 2:59 pm PT

$118.49. That’s the price at which Amazon shares closed Friday, a day after the company reported a 69 percent jump in third-quarter profit and a 28 percent gain in revenue. It was a new 52-week high and the stock’s best since December 1999, when it hit $106.68. Which is saying something. Because as you might recall, in 1999, Nasdaq was soaring on the back of the dot-com bubble to levels never before seen.
amzn

Japan Alerts Amazon to Life's Two Certainties

in News on July 6, 2009 at 3:17 pm PT

Amazon’s days of booking sales from its business in Japan back to the United States may be coming to an end. The Tokyo Regional Taxation Bureau has demanded back taxes of $119 million from Amazon’s Japanese affiliates, Amazon Japan and Amazon Japan Logistics.
deathandtaxes

Japan Alerts Amazon to Life’s Two Certainties

in News on July 6, 2009 at 3:17 pm PT

Amazon’s days of booking sales from its business in Japan back to the United States may be coming to an end. The Tokyo Regional Taxation Bureau has demanded back taxes of $119 million from Amazon’s Japanese affiliates, Amazon Japan and Amazon Japan Logistics.
deathandtaxes